Common use of Seismic Clause in Contracts

Seismic. 2.01 Reprocessing: ANEC represents and warrants that it possesses 3D Seismic which has been reprocessed using pre-stacked time and pre-stacked depth migration techniques with respect to an area encompassing approximately 23.138 square miles as shown by the red outline on Exhibit "A" hereto.

Appears in 1 contract

Sources: Exploration and Development Agreement (Dune Energy Inc)

Seismic. 2.01 ReprocessingREPROCESSING: ANEC represents and warrants that it possesses 3D Seismic which has been reprocessed using pre-stacked time and pre-stacked depth migration techniques with respect to an area encompassing approximately 23.138 square miles as shown by the red outline on Exhibit "A" hereto. All cost and expense related to such reprocessing have been assumed by ANEC and ExxonMobil shall have no liability therefor.

Appears in 1 contract

Sources: Development Agreement (American Natural Energy Corp)